Wall Street investment banking slammed, as execs hope for more confidence ahead

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RBC Capital on Goldman Sachs (GS): 'remain best in class'

January 18, 2023 7:20 AM EST

RBC Capital analyst Gerard Cassidy reiterated a Sector Perform rating and $370.00 price target on Goldman Sachs (NYSE: GS).

The analyst comments "GS is one of the preeminent global investment banks but even with its leading position, market conditions negatively impacted nearly all of its... More

Morgan Stanley (MS) PT Raised to $109 at BMO Capital

January 17, 2023 5:50 PM EST

BMO Capital analyst James Fotheringham raised the price target on Morgan Stanley (NYSE: MS) to $109.00 (from $98.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Following MS's 4Q22 revenue beat, we raise estimates by as much as 6%, and we raise our... More